aer lingus group-assd (AERA) Details

Aer Lingus Group plc, together with its subsidiaries, provides air travel services in the Ireland. The company offers passenger and cargo transportation services from Ireland to the United Kingdom, Europe, and the United States. It also provides insurance claims management services. As of December 31, 2014, the company operated a fleet of 50 aircraft. The company was founded in 1936 and is headquartered in Dublin, Ireland.

aer lingus group-assd (AERA) Top Compensated Officers

aer lingus group-assd (AERA) Key Developments

Aer Lingus Group plc Announces Unaudited Consolidated Production and Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

Jul 29 15

Aer Lingus Group plc announced unaudited consolidated production and earnings results for the second quarter and six months ended June 30, 2015. For the quarter, passengers-mainline operations were 2,809,000 against 2,782,000 a year ago. Average fare revenue per seat was EUR 109.00 against EUR 101.49 a year ago. Average fare revenue per passenger was EUR 139.42 against EUR 131.27 a year ago.
For the quarter, revenue was EUR 468.9 million against EUR 437.8 million a year ago. Operating profit/loss before net exceptional items was EUR 34.5 million against EUR 38.7 million a year ago. Profit before tax was EUR 27.8 million against EUR 36.3 million a year ago. EBITDAR was EUR 82.6 million against EUR 79.0 million a year ago.
For the six months, passengers-mainline operations were 4,627,000 against 4,615,000 a year ago. Average fare revenue per seat was EUR 97.75 against EUR 89.18 a year ago. Average fare revenue per passenger was EUR 131.04 against EUR 122.01 a year ago.
For the six months, revenue was EUR 748,956,000 against EUR 697,198,000 a year ago. Loss before taxation was EUR 14,815,000 against EUR 14,142,000 a year ago. Loss attributable to owners of the parent was EUR 12,655,000 against EUR 12,343,000 a year ago. Loss per share attributable to the owners of the parent- basic and diluted was 2.4 cents against 2.3 cents a year ago. Net cash generated from operating activities was EUR 286,695,000 against EUR 219,715,000 a year ago. Purchases of noncurrent assets were EUR 34,562,000 against EUR 28,640,000 a year ago. Loss before net exceptional items was EUR 13.9 million against EUR 9.9 million a year ago. Free cash flow was EUR 274.7 million against EUR 191.8 million a year ago. EBITDAR was EUR 75.7 million against EUR 64.9 million a year ago.

Ryanair To Accept IAG's Proposal

Jul 10 15

Ryanair Holdings plc (ISE:RY4B) would accept the offer of International Consolidated Airlines Group, S.A. (LSE:IAG) for takeover of Aer Lingus Group plc (ISE:EIL1). Michael O’Leary, Ryanair Chief Executive Officer, said, "‘‘we believe the IAG. Offer for Aer Lingus is a reasonable one in the current market and we plan to accept it, in the best interests of Ryanair shareholders." Ryanair would vote to accept the offer at a July 16, 2015, meeting of Aer Lingus shareholders.

Ryanair To Review IAG Proposal

Jul 8 15

International Consolidated Airlines Group, S.A. (LSE:IAG) is proposing to acquire Ryanair Holdings plc (ISE:RY4B)’s stake in Aer Lingus Group plc (ISE:EIL1). Ryanair Holdings is to review International Consolidated Airlines Group proposal to acquire Aer Lingus. Ryanair is also likely to decide whether to sell 30% stake over next two weeks. Michael O'Leary, Chief Executive Officer of Ryanair said, "The board of Ryanair has to make a decision on the IAG bid in the next, I think, week or two and I'm not quite sure what way that decision will go."

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